NSE: equity transactions close positive, market indicators up by 0.85%

Equity transactions on the Nigerian Stock Exchange (NSE) closed for the week on Friday on a positive note, as market capitalisation appreciated by 0.85 per cent as a result of price gains recorded by some major blue chips.

Nigerian pilot reports that market capitalisation rose by N103 billion or 0.85 per cent to close at N12.233 trillion against the N12.130 trillion recorded on Thursday.

The All-Share Index also increased by 0.85 per cent or 299.84 points to close higher at 35,488.81 from the 35,188.97 posted on Thursday.

However, the volume of shares traded depreciated by 55.22 per cent as 192.20 million shares worth N3.68 billion were traded in 2,814 deals“ compared with the 429.22 million shares valued at N8.68 billion traded in 3,271 deals on Thursday’’.